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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.780.0%Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2080)1/4/2008 11:30:39 AM
From: Jibacoa   of 3722
 
CYTO is holding above the $0.50 level with the help of recent insiders buys.<g> (It has traded on the positive side in the last 4 trading sessions.)

bigcharts.marketwatch.com

CYTO has double digit improvements on revenues in the last 2Qs & has been trimming its losses.It trades around 0.55xBV

In Nov CYTO announced that Kevin G. Lokay will assume the position of President & CEO. He had been a VP at GSK & also had a position at MRK for several years.Will see if he can help CYTO to get back above the $1 level.<g>

But don't expect CYTO to close its July 2 DG this Yr.(In order to do that it will have to trade above the $1.75 level <g>)

bigcharts.marketwatch.com

Bernard
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